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Ho Chi Minh City Development Policy Operation 1

Abstract*

The development objective of First Ho Chi Minh City (HCMC) Development Policy Operation for Vietnam, is structured around three main pillars as follows: (i) Integrated and transparent spatial information for urban management; (ii) Strengthened management of public assets and liabilities; and (iii) Enhanced delivery of priority municipal services. The prior actions under these three pillars reinforce institutional reforms anchored in six out of seven...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The operation supports HCMC to strengthen institutional foundations for sustainable urban development. Specifically, the development objectives of the series are to contribute to (i) Integrated and transparent spatial information for decision-making; (ii) Strengthened fiscal management; and (iii) Enhanced delivery of business registration and transport services.

Key Details

Project Details

  • P160480

  • Closed

  • Quyen Vu , Sebastian Eckardt

  • Socialist Republic of Vietnam

  • Viet Nam

  • August 28, 2017

  • (as of board presentation)

    May 16, 2019

  • April 29, 2020

  • US$ 125.00 million

  • The People's Committee of Ho Chi Minh City

  • East Asia and Pacific

  • 2019

  • US$ 125.00 million

  • N/A

  • June 27, 2024

  • April 30, 2020

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 125.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 125.00
IBRD + IDA Commitment 125.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 125.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Mar 15, 2021 IDA-64090 Int Charges 867,291.70
Apr 30, 2020 IDA-64090 Loan Disb 125,000,000.00
Mar 15, 2022 IDA-64090 Int Charges 785,590.25
May 16, 2019 IDA-64090 Loan Commitment 125,000,000.00
Mar 15, 2024 IDA-64090 Int Charges 4,353,659.00
Sep 15, 2023 IDA-64090 Int Charges 3,929,166.80
Mar 15, 2023 IDA-64090 Int Charges 3,104,652.80
Sep 15, 2022 IDA-64090 Int Charges 1,424,722.20
Apr 29, 2020 IDA-64090 Fee Charges 312,500.00
Sep 15, 2021 IDA-64090 Int Charges 824,166.70
Sep 15, 2020 IDA-64090 Int Charges 881,666.70

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 01-25-2024
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-24-2024PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityN/a

Results Framework

No data available.